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The silver price hit a new all-time high on Monday (December 1), rising as high as US$58.83 per ounce.

The white metal’s rise continues a breakout that began on November 28 after CME Group (NASDAQ:CME) halted trading on the Comex, citing a ‘cooling issue’ at a CyrusOne data center located in a Chicago suburb.

All markets were open and trading by 5:46 a.m. PST that day, but the disruption raised concerns among traders — according to Reuters, the outage was one of the longest in years for CME Group.

Adding fuel to the fire on Monday were increased expectations for an interest rate cut from the US Federal Reserve.

The Fed’s next meeting is set to run from December 9 to 10, and while market participants were previously divided on whether another cut is coming, CME Group’s FedWatch tool now shows strong expectations for a reduction.

Target rate probabilities for December Fed meeting.

Target rate probabilities for December Fed meeting.

Chart via CME Group.

In addition to that, US President Donald Trump said on Sunday (November 30) that he has decided who the next Fed chair will be. While he didn’t give a name, people familiar with the news told Bloomberg that Kevin Hassett, director of the White House’s National Economic Council, is seen as the likely candidate.

Trump has frequently criticized current Fed Chair Jerome Powell for not lowering rates quickly enough, and Powell’s replacement is widely expected to be more in line with Trump’s views.

Speaking on CBS on Sunday, Hassett was relatively tight-lipped about the Fed chair position.

“I think that the American people could expect President Trump to pick somebody who’s going to help them have cheaper car loans and easier access to mortgages at lower rate,” he commented.

“That’s what we saw in the market response to the rumor about me.”

u200bSilver price chart, November 30 to December 1, 2025.

Silver price chart, November 30 to December 1, 2025.

Silver and its sister metal gold tend to fare better when rates are lower, meaning that December rate cut expectations coupled with the Hassett rumor have helped to stoke prices for the precious metals.

While silver is known for lagging behind gold before outperforming, it’s now ahead in terms of percentage gains — silver is up about 97 percent year-to-date, while gold has risen around 60 percent. The yellow metal broke back above US$4,200 per ounce on November 28 and stayed above that level on Monday, but remains below its all-time high.

In addition to rate-related factors, silver’s breakout this year has been driven by various elements.

As a precious metal, it’s influenced by many of the same factors as gold, but its October price jump, which took it past the US$50 level, was also driven by a lack of liquidity in the London market.

While that issue appears to have resolved, a new situation has recently emerged — Bloomberg reported on November 25 that Chinese silver stockpiles are now at their lowest level in a decade after huge shipments to London.

Tariff concerns and silver’s new status as a critical mineral in the US have also provided support in 2025.

The white metal’s industrial side also shouldn’t be forgotten — according to the Silver Institute, industrial demand for silver reached a record 680.5 million ounces in 2024, driven by usage in grid infrastructure, vehicle electrification and photovoltaics. Total silver demand was down 3 percent year-on-year in 2024, but still exceeded supply for the fourth year in a row, resulting in a deficit of 148.9 million ounces for the year.

Watch five experts share their thoughts on the outlook for silver.

Time will tell what’s next for silver, but some experts see it continuing to outperform gold in 2026.

‘The sure money is made in the gold sector, but the big money is made in the silver sector — that’s proven true over the last couple of precious metals cycles. I believe it will be true in this one as well,’ said Jay Martin of VRIC Media.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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Barrick Mining’s (TSX:ABX,NYSE:B) board has authorized management to evaluate an initial public offering (IPO) of a new subsidiary that would house the company’s flagship North American gold assets.

According to a Monday (December 1) statement, the proposed entity would include Barrick’s interests in Nevada Gold Mines and Pueblo Viejo, along with the company’s wholly owned Fourmile discovery in Nevada.

The company said an IPO could happen via the listing of a ‘small minority interest,’ with Barrick retaining a controlling majority stake if a transaction proceeds. The review is part of the board’s broader effort to evaluate operational performance and maximize returns across Barrick’s asset base, particularly in its strongest jurisdictions.

“Barrick’s gold operations in Nevada and the Dominican Republic are among the best in the world, located in some of the best gold mining jurisdictions,” said Mark Hill, the company’s group COO and interim president and CEO.

He added that incorporating the Fourmile discovery, which Barrick describesas “one of this century’s most significant gold discoveries,” could position the new entity as a standout pure-play gold company.

Hill emphasized that the company’s operational priorities will remain unchanged during the process.

“While we explore an IPO of our North American assets that could give new and existing shareholders more optionality around jurisdiction in a pure gold company with growth, we will not waiver from our commitment to operate safely, perform to our targets, and deliver our growth projects,’ the executive explained.

Barrick plans to continue evaluating the IPO option into early 2026, and said it expects to provide an update alongside its full-year 2025 results in February 2026. The miner stressed that no final decision has been made, and that any move toward an IPO would require board approval and supportive market conditions.

The evaluation comes on the back of Barrick’s resolution of issues surrounding its operations in Mali.

The company has agreed to pay a US$430 million settlement and comply with the country’s new mining code in exchange for Mali’s release of its detained employees and the dropping of all legal charges.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Mercado Minerals Ltd. (CSE: MERC) (‘Mercado‘ or the ‘Company‘) is pleased to announce the closing of its non-brokered private placement financing (the ‘Offering‘). In connection with closing of the Offering, the Company issued 27,990,000 units (each, a ‘Unit‘) at a price of C$0.20 per Unit for gross proceeds of C$5,598,000. The Offering included participation and a strategic investment from Vizsla Silver Corp (“Vizsla”) in Mercado.

Daniel Rodriguez, CEO and Director commented, “We received overwhelming support in this financing, and I am excited to start advancing Copalito and Zamora as we strive to become a premier explorer focused on the under explored western margin of the Sierra Madre. I would like to welcome Vizsla as a shareholder and I am looking forward to their support as we grow.”

Each Unit consists of one common share of the Company (each, a ‘Common Share‘) and one half of one Common Share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant is exercisable by the holder thereof to acquire one Common Share (a ‘Warrant Share‘) at a price of C$0.35 until November 28, 2028.

Finder’s fees of $218,400 were paid in cash and 1,074,500 finder’s warrants were issued to certain eligible parties. Each finder’s warrant is exercisable at C$0.35 until November 28, 2028. All securities issued with respect to the Offering are subject to a four month and a day hold period expiring on March 29, 2026.

Proceeds from the Offering will be allocated towards several initiatives, including exploration of the recently acquired properties Copalito and Zamora, acquisition costs, the generation of new project acquisitions, investor relations programs, and general corporate working capital.

About Mercado Minerals Ltd.
Mercado Minerals Ltd. (CSE: MERC) is a company involved in the business of acquiring and exploring mineral properties in the Americas. Mercado has been primarily involved in the exploration and evaluation of the Porter Property, located within the Alberni Mining Divisions of British Columbia.

For further information, contact:
Daniel Rodriguez
CEO & Director
Phone: (604) 353-4080
Email: drodriguez@mercadominerals.com

John Fraser
VP Business Development & Director
Phone: (604) 838-7677
Email: jfraser@mercadominerals.com

Forward-Looking Statement (Safe Harbor Statement):

This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words ‘anticipate,’ ‘plan,’ ‘continue,’ ‘expect,’ ‘estimate,’ ‘objective,’ ‘may,’ ‘will,’ ‘project,’ ‘should,’ ‘predict,’ ‘potential’ and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements concerning the Company’s exploration plans and the intended use of proceeds from the Offering. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on these statements because the Company cannot provide assurance that they will prove correct. Forward-looking statements involve inherent risks and uncertainties, and actual results may differ materially from those anticipated. These forward-looking statements are made as of the date of this press release, and, except as required by law, the Company disclaims any intent or obligation to update publicly any forward-looking statements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Source

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Overview

Explore the unparalleled potential of Freegold Ventures (TSX:FVL,OTCQX:FGOVF), an exceptional exploration company with its flagship asset situated in the renowned Tintina gold belt. Golden Summit, located just a 30-minute drive from Fairbanks, now hosts what is believed to be one of the largest undeveloped gold resources in North America.

In February 2024, Freegold further solidified its land position by completing the acquisition of the Tolovana gold property, which formed part of the Golden Summit project. , which was previously subject to a 20-year lease.

Alaska’s exploration potential is second to none in North America. The state is already a significant gold producer, second only to Nevada in the United States. Today, metals contribute to more than 90 percent of the value of minerals mined in Alaska, which has a long and prosperous mining history with significant underexplored mineral resources. Several notable companies with producing mines in Alaska include Kinross Gold (TSE:K), Northern Star Resources (ASX:NST), Hecla Mining (NYSE:HL), Coeur Mining (NYSE:CDE), and Teck Resources (NYSE:TECK).

Freegold Ventures project location

Between 2020 and 2022, Freegold completed over 83,000 meters of drilling, resulting in a significant increase in its mineral resource estimate following a period of dormancy since its last major drilling program in 2013. An additional 26,000 metres were drilled in 2023 primarily on the western side of the Dolphin deposit.

Following completion of the 2024 drill program and the release of the updated July 2025 mineral resource estimate, the company is now executing its 2025 drill program, which includes infill drilling to convert inferred resources to indicated, expansion drilling to define the limits of the mineralized system, and the advancement of geotechnical, environmental, and metallurgical work required for a planned pre-feasibility study (PFS). Drilling is ongoing with five rigs active on site, and results from the 2025 program will support a further resource update to feed into the PFS.

The current resource is limited to the Dolphin-Cleary Area, the only area of the project with a delineated resource. However, the deposit is still open, particularly towards the west and southwest. Ongoing work continues to evaluate additional highly prospective areas within the broader property, reinforcing the robust long-term potential of this gold-rich district.

Saddle zone
Freegold Ventures

A highly experienced management team leads the company with decades of experience in mineral exploration and development. It is supported by a board with rich geological, production and financial expertise. Freegold’s team has demonstrated knowledge in developing resources and a history of attracting major partners, including prolific investor Eric Sprott.

Company Highlights

  • Freegold Ventures’ (TSX: FVL,OTC:FGOVF) (OTCQX: FGOVF) Golden Summit is a gold project located in the prolific Tintina gold province, 30 minutes away from the city of Fairbanks in Alaska.
    • The 2024 drill program has significantly increased the mineral resource. The July 2025 updated mineral resource estimate shows an indicated primary resource of 17.2 million ounces at 1.24 g/t gold and an inferred primary resource of 11.9 million ounces at 1.04 g/t gold (0.50 g/t cut-off), making the Golden Summit project one of North America’s largest undeveloped gold resources.
    • Several significant exploration targets remain to be tested.
  • The project is located approximately 8 kilometers northwest of Kinross’s Fort Knox mine, which has produced more than 8 million ounces of gold to date.
  • Most recently, Freegold Ventures has completed the acquisition of the Tolovana gold property in Alaska for US$655,260.

Key Project: Golden Summit

An initial resource was completed at Golden Summit in 2011 based on historical work undertaken on the project, and between 2011 and 2013, several mineral resource updates were completed.The company released a preliminary economic assessment (PEA) in 2016, which at $1,300 per ounce gold price resulted in a pit constrained indicated resource of 61.46 million tonnes, containing 1.36 million ounces at 0.69 grams per ton (g/t) gold, and inferred resources of 71.50 million tonnes, containing 1.58 million ounces of 0.69 g/t gold.

Freegold’s innovative approach in 2019 led to a resource size increase and elevated deposit grade. With backing from gold investor Eric Sprott, the company raised $2 million, resulting in a remarkable 188 meters at 3.69 g/t gold in May 2020. This success led to further funding, amassing over C$40 million by September 2020. This permitted an intense drilling program, resulting in a resource update in February 2023, with over 83,000 meters of drilling completed.

Drilling from 2020 through 2024 significantly improved both the size and grade of the Golden Summit resource. In July 2025, Freegold announced a major updated mineral resource estimate, outlining 17.2 million ounces of indicated resources at 1.24 g/t gold and 11.9 million ounces of inferred resources at 1.04 g/t gold, using a 0.50 g/t cut-off. This represents substantial increases in tonnage, grade, and confidence in the deposit.

The 2025 drill program is a critical step toward project advancement, with five drill rigs currently active on site. The program includes extensive infill drilling to convert inferred resources into indicated, the continued definition of mineralization limits within the Dolphin-Cleary area, further exploration drilling, and essential geotechnical work. As of October 2025, 37 drill holes totaling approximately 24,000 meters have been completed, with additional holes underway and assays pending.

Alongside drilling, metallurgical, environmental and baseline data collection form an important part of the 2025 program. Work includes groundwater monitoring installations, surface water sampling, habitat and wildlife surveys, wetland mapping, paleontological and cultural resource assessments for SHPO review, and the collection of additional samples for comprehensive metallurgical test work.

These activities will directly support the planned PFS, which is set to begin following integration of the 2025 drill results into a revised mineral resource estimate.

Golden Summit’s combination of significant scale, improving grades, strong metallurgical performance, and proximity to infrastructure continues to position it as one of the most compelling undeveloped gold projects in North America.

Optionality: Another Plus

Despite boasting a significant size, Golden Summit has what is termed “optionality.” In simple terms, increasing the cut-off grade leads to an increase in the overall grade. Historically, the resource base case used a 0.45 g/t gold cut-off, and even at higher cut-offs the deposit retained exceptional scale. The July 2025 updated mineral resource estimate continues to demonstrate this strong grade flexibility, with higher-grade domains contributing meaningfully to overall resource growth.

Systematic exploration and ongoing geological mapping continue to identify additional prospective areas across the property. Historical high-grade producers within the district, such as the Cleary Hill Mine, which produced 281,000 ounces at an average grade of 1.3 oz/t, highlight the potential for both high-grade and bulk-tonnage mineralization styles across Golden Summit. The American Eagle area, located four kilometers east of the Dolphin-Cleary zone, and areas to the west toward the past-producing Newsboy Mine remain prospective and continue to be evaluated through continued geological work, sampling, and future drilling.

As the project advances toward a planned Pre-Feasibility Study, the combination of strong grade sensitivity, multiple potential development pathways, and continuing expansion potential reinforces Golden Summit’s attractiveness as one of the most compelling undeveloped gold projects in North America.

Management Team

David Knight – Director, Chairman

David Knight was a securities and mining lawyer primarily and was a senior partner with Weirfoulds LLP based in Toronto. His practice advised clients on securities, including public and private financing, mergers and acquisitions, corporate governance, and regulatory compliance.

Knight also represented mining clients on property acquisition and development, including option and joint venture agreements. Knight also has extensive experience in flow-through financing. He has been ranked among the Best Lawyers in Canada, from 2011-2021. Natural Resources Law, as a recommended lawyer in mining law. Knight was also seconded to the Ontario Securities Commission from 1983 to 1984.

Kristina Walcott – President, Chief Executive Officer and Director

Kristina Walcott has worked in various capacities in the mining and mineral exploration industry for the past 20 years. She has been president and CEO of Freegold Ventures since September 2009 and a director since July 2010. Walcott has held multiple administrative and field positions. In addition, she was actively involved in the geophysical contracting industry where she assisted in remote-site field geophysical surveys for major and junior mining firms. Before she was appointed president and CEO, Walcott was the company’s vice-president of business development between March 2005 and September 2009. As the vice-president of business development, she was responsible for identifying and acquiring new business opportunities in the mining sector.

Alvin Jackson – Director and VP of Exploration and Development

Alvin Jackson has been a director of Freegold Ventures since March 2010 and the vice president of exploration and development since February 2011. Jackson was instrumental in the development of EuroZinc Mining Corporation. EuroZinc Mining acquired the Aljustrel zinc-lead project and the Neves-Corvo copper mine in southern Portugal. As a result of those acquisitions, EuroZinc Mining Corporation grew to a market capitalization of over $1.8 billion before merging with Lundin Mining in 2006. Jackson has over 40 years of experience in mineral exploration and mine development. Jackson was directly involved in the exploration and development of two significant gold deposits and one porphyry copper deposit –– all of which subsequently became producers.

Ron Ewing – Director

Ron Ewing has 30 years of experience in the mining and mineral exploration and operational industry as a director and officer of several public companies. As an officer, he served in various finance and corporate affairs functions. Ewing was the director and officer of Gold-Ore Resources until Elgin Mining acquired it. Ewing was also the executive vice-president of Euro-Zinc Mining, the vice-president of Lundin Mining, and Oro Mining’s director.

Garnet Dawson – Director

Garnet Dawson is currently a director at GoldMining Inc. He is a registered professional geologist with 30 years of domestic and international exploration experience. He was the former vice-president of exploration of EuroZinc Mining before it merged with Lundin Mining in 2006. Before joining EuroZinc, he consulted internationally and held several positions with Battle Mountain Canada, the British Columbia Geological Survey, and Esso Minerals Canada. He has a Bachelor of Science in geology from the University of Manitoba and a Master of Science in economic geology from the University of British Columbia.

Glen Dickson – Director

Glen Dickson has over 40 years of exploration and mining and operational experience in several different countries. During the past 30 years, he focused on gold exploration in a wide variety of depositional environments. He served as the president, chief executive officer, and director of Cumberland Resources Limited. With Cumberland, Dickson was directly responsible for the identification and advancement of two gold mining districts in Nunavut. Today combined annual production from the two districts totals 750,000 ounces of gold, historic productions totals 4.5 ounces and current reserves total 6 million ounces. The company was acquired by Agnico Eagle Mines. He served as chairman of the board and chief executive officer of Gold-Ore Resources. During this time Gold-Ore acquired and restarted a gold mine in Northern Sweden. Currently, the mine produces ~45,000 ounces per annum. Gold-Ore was acquired by ElginMining. Dickson served as a director on several other companies including Atna Resources, BrazilianGold Corporation and Venerable Ventures. Dickson is currently president and CEO of Meliadine Gold, a private resource company with mineral holdings in Nunavut.

Reagan Glazier – Director

Reagan Glazier received a Bachelor of Science in Geology from the University of Calgary in 2014. He has been active in the mineral exploration industry in BC for the past 10+ years and is currently the President and CEO of Pacific Bay Minerals.

Maurice Tagami – Director

Maurice Tagami served as the vice-president of mining operations and later as technical ambassador for Wheaton Precious Metals from July 2012 to November 2022. He is a metallurgical engineer from the University of British Columbia with over 40 years of experience in mining and mineral processing. He was responsible for maintaining partnerships with over 20 operating mines and 13 development projects from which Wheaton Precious Metals has metal streaming agreements. Tagami currently serves on the board of Maple Gold Mines and Foran Mining Corporation as the lead independent director. Previously, he held the positions of president and CEO, with Keegan Resources and senior project manager (Onca Puma Project) with Canico Resource.

Vivienne Artz – Director

Vivienne Artz is the CEO of the FTSE Women Leaders Review, the UK’s business-led voluntary framework, supported by the government to improve the representation of women on the boards and leadership teams of the FTSE 350 and 50 of the UK’s largest private companies. Over 20 years in the financial services sector. Previously managing director and chief privacy officer at the London Stock Exchange Group, Refinitiv and Thomson Reuters, leading the privacy office and overseeing global privacy strategy and practice across 190 countries. Artz was awarded an Officer of the British Empire in the Queen’s New Year’s Honours in 2021 for services to financial services and gender diversity.

Gordon Steblin – Chief Financial Officer

Gordon Steblin obtained a Bachelor of Commerce degree in 1983 from the University of British Columbia. In 1985, he became a certified general accountant. Steblin has over 20 years of financial experience in junior mining and exploration. Steblin is also the chief financial officer of Elysee Development and Arctic Hunter Energy, both TSX Venture-listed companies.

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Heliostar Metals Ltd. (TSXV: HSTR,OTC:HSTXF) (OTCQX: HSTXF) (FSE: RGG1) (‘Heliostar’ or the ‘Company’) announces it has entered into an agreement (the ‘December Agreement’) with GRA Enterprises LLC DBA National Inflation Association for investor relations and communication services. The December Agreement has a term of three months commencing on December 1, 2025, under which the Company will pay GRA Enterprises LLC DBA National Inflation Association US$30,000.

Heliostar also previously entered into an agreement (the ‘April Agreement’) with GRA Enterprises LLC DBA National Inflation Association for investor relations and communication services. This agreement was not previously announced. The April Agreement had a term of three months, commencing on April 23, 2025, under which the Company paid GRA Enterprises LLC DBA National Inflation Association US$30,000.

The services to be provided under the December Agreement, and provided by the April Agreement, include website features on National Inflation Associations webpage and other related investor relations services. Gerard Adams is the principal of GRA Enterprises LLC DBA National Inflation Association and is responsible for all activities related to the Company. GRA Enterprises LLC DBA National Inflation Association currently has no direct or indirect interest in the securities of the Company, or any right or intent to acquire such an interest.

The agreements are subject to the Company’s filing requirements with the TSX Venture Exchange (‘TSXV’) and approval by the TSXV.

About Heliostar Metals Ltd.

Heliostar is a gold mining company with production from operating mines in Mexico. This includes the La Colorada Mine in Sonora and the San Agustin Mine in Durango. The Company also has a strong portfolio of development projects in Mexico and the USA. These include the Ana Paula project in Guerrero, the Cerro del Gallo project in Guanajuato, the San Antonio project in Baja Sur and the Unga project in Alaska, USA.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

Charles Funk
President and Chief Executive Officer
Heliostar Metals Limited
Email: charles.funk@heliostarmetals.com
Phone: +1 844-753-0045
Rob Grey
Investor Relations Manager
Heliostar Metals Limited
Email: rob.grey@heliostarmetals.com
Phone: +1 844-753-0045

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain ‘Forward-Looking Statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995 and ‘forward-looking information’ under applicable Canadian securities laws. When used in this news release, the words ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘target’, ‘plan’, ‘forecast’, ‘may’, ‘would’, ‘could’, ‘schedule’ and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things, show the full extent of the deposit, upgrade and expand the resource base, growing our annual production profile in the near term and bringing additional production online.

Forward-looking statements and forward-looking information relating to the terms and completion of the Facility, any future mineral production, liquidity, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the receipt of necessary approvals, price of metals; no escalation in the severity of public health crises or ongoing military conflicts; costs of exploration and development; the estimated costs of development of exploration projects; and the Company’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect the Company’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political, and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding exploration and mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises, ongoing military conflicts and general economic factors to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption ‘Risk Factors’ in the Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276386

News Provided by Newsfile via QuoteMedia

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Heliostar Metals (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG1), (‘ Heliostar ‘ or the ‘ Company ) announced that Vice President Investor Relations & Development Stephen Soock will present live at the Precious Metals & Critical Minerals Virtual Invetor Conference hosted by VirtualInvestorConferences.com, on December 3 rd .

DATE : December 3rd
TIME: 2:00 – 2:30pm ET
LINK: REGISTER HERE
Available for 1×1 meetings: December 4 or 8. Schedule 1×1 Meetings here

This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com .

Recent Company Highlights

  • Updated Technical Report for La Colorada maximizing near term cash flow with a US$9.4M reduction in initial capex and US$40M increase in base case NPV5
  • Q3 results with record production of 9,165 gold equivalent ounces (GEOs) at an AISC of $1,825/GEO supporting $14.2M of operating income
  • Continued strong Ana Paula infill drill results including 83.2m of 17.35 g/t Au and 70.7m of 9.38 g/t Au and expanded 20,000m drill program

About Heliostar Metals Ltd.

Heliostar is a gold mining and development company with a goal of growing to mid-tier producer status by the end of the decade. The company currently has two producing mines in Mexico – the La Colorada Mine and San Agustin Mine open pit heap leach operations. Heliostar plans to leverage the cash generated by these operations to fund development of its flagship Ana Paula underground project. Ana Paula is a rare combination of bulk tonnage and high grade, with a construction start targeted for 2H 2026 to add 100,000oz/yr to Heliostar’s production profile. The company also has a pipeline of other advanced development assets and exploration opportunities across its portfolio to continue to drive growth.

About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

CONTACTS:

Heliostar Metals Limited
Rob Grey
Investor Relations Manager
(844) 753-0045
rob.grey@heliostarmetals.com

Virtual Investor Conferences
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com

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News Provided by GlobeNewswire via QuoteMedia

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Empire Metals Limited (AIM: EEE, OTCQX: EPMLF), announces that Greg Kuenzel (Finance Director) will present live at the Precious Metals & Critical Minerals Virtual Day Conference in partnership with OTC Markets and hosted by VirtualInvestorConferences.com, on December 4 th at 9am ET.

The presentation is open to all existing and potential shareholders, with a focus on investors in North America. This will be a live, interactive online event where participants are invited to ask the Company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

Investors can sign up to the event via this link: REGISTER HERE

Please note it is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

The Company will also be available for one-to-one meetings on December 2 nd , 8am–11am ET. To schedule a meeting, please follow the link here .

Learn more about the event at www.virtualinvestorconferences.com .

For further information please visit www.empiremetals.com or contact:

Empire Metals Ltd
Shaun Bunn / Greg Kuenzel / Arabella Burwell
Tel: 020 4583 1440
S. P. Angel Corporate Finance LLP (Nomad & Joint Broker)
Ewan Leggat / Adam Cowl
Tel: 020 3470 0470
Canaccord Genuity Limited (Joint Broker)
James Asensio / Christian Calabrese / Charlie Hammond
Tel: 020 7523 8000
Shard Capital Partners LLP (Joint Broker)
Damon Heath
Tel: 020 7186 9950
Tavistock (Financial PR)
Emily Moss / Josephine Clerkin
empiremetals@tavistock.co.uk
Tel: 020 7920 3150


About Empire Metals Limited

Empire Metals Ltd (AIM: EEE and OTCQX: EPMLF) is an exploration and resource development company focused on the rapid commercialisation of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂.

The MRE, which covers only the Thomas and Cosgrove deposits, includes a weathered zone resource of 1.26 billion tonnes at 5.2% TiO₂ and a significant Indicated Resource of 697 million tonnes at 5.3% TiO₂, predominantly from the Thomas deposit. Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip. The MRE extends across just 20% of the known mineralised footprint, providing substantial potential for further resource expansion.

Conventional processing has already produced a high-purity product grading 99.25% TiO₂, suitable for titanium sponge metal or pigment feedstock. The friable, in-situ weathered zone supports low-cost, strip mining without the need for blasting or overburden removal.

With excellent logistics and established infrastructure, including rail links to deep-water ports with direct access to Asia, the USA, Europe and Saudi Arabia, Pitfield is strategically positioned to supply the growing global demand for titanium and other critical minerals.

Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal and/or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.

The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.

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Humanoid robotics is rapidly advancing.

Driven by the convergence of technological innovations, evolving labor market demands and growing investor interest, the humanoid robotics industry is expanding at a rapid rate. A handful of humanoid robotics companies have announced initial public offerings in 2025, such as China’s Unitree and Singapore’s Otsaw, with more predicted in 2026.

Ark Invest CEO, Cathie Wood, said in October 2025 that humanoid robots “will be the biggest of all” AI opportunities, highlighting their transformative potential in transportation, healthcare and productivity enhancement

Samimi shared the impact AI integration has had on the robotics industry, challenges such as labor shortages and supply chain disruptions and how the firm evaluates opportunities within this nascent yet promising market.

Key trends in humanoid robotics

According to Samimi, recent trends in robotics include enhanced automation in the industrial and logistics sectors. “We’re seeing a lot of new trends on foundation models and control stacks within the robotic sector, as well as new sorts of electronic assemblies to put all of these components together,” he explained, citing companies like BMW (OTCPINK:BMWKY), Amazon (NASDAQ:AMZN)and Mercedes (OTCPPINK:MBGAF) as current adopters of humanoid robots in factories and warehouses.

Additionally, Samimi highlights that recent battery advances have improved energy density, enabling longer robot operation for industrial and logistics tasks. Meanwhile, lighter, more efficient actuators enhance precision and energy use, supporting dynamic interaction and human collaboration.

Finally, advances in robotics control systems are powered by cutting-edge AI algorithms. Platforms like RideScan, a Humanoid Global portfolio company, harness continuous, independent AI-driven monitoring, risk scoring and anomaly detection to optimize robot performance. The company recently filed a patent in the UK for its core AI technology

Samimi added that safety and reliability remain critical focal points amid these technological advances. Advances in algorithms, machine learning and operational intelligence systems are enabling comprehensive, scalable safety and maintenance solutions for robots deployed across different facilities, supported by digital twin technologies and a closed-loop data cycle for continuous improvement.

Addressing labor shortages

Labor shortages and constrained supply chains are accelerating innovation by prompting industrial sectors to adopt robotics to augment limited labor resources.

The 2025 MHI Annual Industry Report confirms robotics is thriving amid labor shortages and rising complexity in logistics and manufacturing. What’s more, during the US-Saudi Investment Forum, Tesla (NASDAQ:TSLA) CEO Elon Musk made a bold prediction about the long-term effects of robotics and AI: work would become optional, and money would be obsolete.

“I don’t know what long term is, maybe it’s 10, 20 years or something like that,” Musk said, adding that there was still alot of work to be done before society gets to that point.

In the meantime, the labor workforce will likely see more human-robot collaboration. Samimi said he has observed that humanoid robots and collaborative robots (cobots) are increasingly taking over repetitive manual tasks.

“Human labor now shifts to more, higher-value tasks, rather than moving a warehouse box or a palette from A to B. So we’re seeing somewhat of a shift (that’s) helping make labor more scalable and more productive, and really less dependent on that shrinking labor pool,” he said.

Resource-heavy and industrial sectors present significant opportunities for robotics adoption, especially amid a limited labor pool. Areas like agriculture, mining, pharmaceuticals and lumber industries stand to benefit from automation and upskilling through robotics.

Investment thesis and portfolio evaluation

Humanoid Global views its role not only as an investor but as an ecosystem builder, actively fostering collaboration and knowledge-sharing across its portfolio companies. By strategically connecting early-stage innovators with mature industry players, Humanoid Global seeks to accelerate the global deployment and scale of humanoid robotics technologies.

The firm emphasizes balancing risk across a portfolio that includes both disruptive technology developers and companies closer to full commercial deployment, allowing for diversified exposure while driving integrated growth.

Companies are evaluated with a strong prioritization of teams with proven execution capabilities and sustainable technological moats such as proprietary IP or unique data networks. Scalability and clear go-to-market strategies are equally important, as is a strong safety architecture embedded in the technology.

This approach highlights the importance of strategic relationships, market education and risk-managed growth in realizing the transformative potential of humanoid robotics.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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Here’s a quick recap of the crypto landscape for Monday (December 1) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$86,828.87, down by 5.2 percent over 24 hours.

Bitcoin price performance, December 1, 2025.

Bitcoin price performance, December 1, 2025.

Chart via TradingView

After a brief resurgence last week that saw prices break past the US$90,000 barrier, Bitcoin has come crashing back down post-Thanksgiving.

Bitcoin saw a 5 percent overall slide, which pushed prices near last month’s eight-month low of US$80,553.

The decline follows a difficult November, when Bitcoin shed more than US$18,000 and posted record outflows from U.S. bitcoin exchange-traded funds. CME futures pricing also reflected the shift in sentiment, with three-month Bitcoin contracts trading at their smallest premium to near-dated futures in at least a year.

Other major cryptocurrencies weakened as well. Ether fell nearly 6 percent to around US$2,840 after losing about 22 percent in November, its worst monthly performance since February’s 32 percent decline.

Since reaching a record market size of about US$4.3 trillion, the broader crypto sector has lost more than US$1 trillion in value,

After the recent steep decline, Ether (ETH) was currently priced at US$2,838.35, similarly down by 5.2 percent over 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$2.06, down by 7.1 percent over 24 hours.
  • Solana (SOL) was trading at US$127.65, down by 6.9 percent over 24 hours.

Today’s crypto news to know

Bitcoin’s weekend slide wipes out US$637M in leveraged positions

Bitcoin’s latest downturn over the weekend triggered a wave of liquidations that erased roughly US$637 million across futures markets.

The selloff pushed Bitcoin to an intraday low near US$85,700, extending its monthly decline past 21 percent and dragging Ethereum, XRP, and other majors sharply lower. The slump began as momentum-driven selling forced heavily leveraged longs to unwind, turning a routine correction into a fast, disorderly slide.

Comments from Strategy CEO Phong Le about potentially selling part of the company’s sizable Bitcoin holdings added to jitters, even though prediction markets continue to see a low probability of actual disposals this year.

“We can sell Bitcoin, and we would sell Bitcoin if needed to fund our dividend payments below 1x mNAV,” Le said in a podcast.

The company currently controls 649,870 BTC, which valued at about US$56.26 billion at current prices.

Further, China’s central bank reiterating its hard line against crypto activity further weighed on sentiment heading into the final month of the year.

Tether blasts S&P after fresh downgrade

Tether pushed back forcefully this week after S&P Global cut its assessment of USDT’s peg stability, assigning the stablecoin the lowest score on the agency’s scale.

S&P pointed to weaker reserve quality, shrinking cash-equivalent holdings, and rising exposure to secured loans and Bitcoin as reasons for the downgrade.

The report noted that Tether’s Bitcoin holdings now exceed the cushion meant to absorb volatility, increasing the risk that a sharp price drop could leave the token undercollateralized.

Tether’s leadership dismissed the rating as biased and politically motivated.

‘Some influencers are either bad at math or have the incentive to push our competitors,’ Tether CEO Paolo Ardoino said in a recent post on X.

After the downgrade last week, Ardoino also maintained that ‘the traditional finance propaganda machine is growing worried when any company tries to defy the force of gravity of the broken financial system.’

The downgrade also comes as Tether’s mining affiliate winds down operations in Uruguay after months of unpaid power bills and stalled expansion plans.

Japan prepares 20 percent flat tax on crypto gains

Japan is moving toward a flat 20 percent tax on cryptocurrency gains, a change that would replace the current progressive regime that can push rates above 50 percent for active traders.

Nikkei Asia reported that under the proposal, crypto income would be placed into a separate category similar to equities, with the goal of reducing distortions that discourage trading or push users offshore.

Lawmakers backing the plan say aligning digital assets with other investment products could draw liquidity back to domestic exchanges and boost overall tax receipts.

The reform is expected to be finalized as part of the country’s 2026 tax framework, with revenue split between the national and local governments.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Copper Quest Exploration Inc. (CSE: CQX,OTC:IMIMF; OTCQB: IMIMF; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce it has entered into a strategic partnership with U.S. based Exploration Technologies Inc. (‘ ExploreTech ‘) to deploy generative artificial intelligence across its project portfolio, beginning with the Kitimat Copper-Gold Project in British Columbia. The Company has also completed an initial work program at Kitimat and expanded its geological thesis based on historical datasets and updated field observations.

EXPLORETECH PARTNERSHIP OVERVIEW

ExploreTech integrates drilling, IP/magnetics, geochemistry, structural data, satellite imagery, and field observations into a unified 3D geological framework. The system generates thousands of subsurface model scenarios, evaluates probability, and optimizes drill plans for the highest-priority copper-gold targets. The technology has been successfully applied on multiple porphyry systems.

ExploreTech will collaborate with Copper Quest’s team on their portfolio of projects, with the Kitimat Copper-Gold Project being processed first.

ExploreTech will:

  • Conduct AI-driven reprocessing and inversion of historical geophysical datasets
  • Generate geological simulations to resolve concealed intrusive centers, alteration, and mineralization
  • Produce probability-ranked target clusters
  • Recommend optimized drillhole placement, orientations, and depths
  • Integrate Copper Quest’s 2025 soil and rock geochemical data
  • Provide a fully integrated drill targeting package for the Kitimat Project

The technology is ideally suited for covered porphyry systems such as Kitimat, where limited outcrop and shallow till cover obscure significant subsurface features.

KITIMAT WORK PROGRAM SUMMARY

Copper Quest engaged Hardline Exploration to complete a reconnaissance field program at Kitimat in November 2025, collecting soil and rock samples, documenting structural and lithological observations, and assessing access routes.

Field Highlights

  • 24 soil samples collected along two soil lines (assays pending)
  • Eight rock samples collected from outcrop and historical working exposures (assays pending)
  • Bedrock consists of quartz monzonite
  • Strong silicification
  • 5–10% disseminated fine-grained pyrite
  • Traces of chalcopyrite
  • Local molybdenum
  • Orange-rusty weathering, consistent with sulphide-rich alteration
  • Access roads on the claims are intact
  • Historical logging/exploration roads provide excellent future drill access

These observations are indicative of the presence of a large altered intrusive system consistent with a productive porphyry environment.

HISTORICAL DRILLING: CONFIRMATION OF A SIGNIFICANT CU-AU SYSTEM

Exploration at Kitimat dates to the late 1960s. The most significant work was completed by Decade Resources Ltd. in 2010, which drilled 16 diamond holes totaling 4,437.5 m at the Jeannette Cu-Au Zone.

Notable Drill Intervals (2010)

  • Hole J-7: 117.07 m @ 1.03 g/t Au and 0.54% Cu (from 1.52 m to 118.60 m)
  • Hole J-1: 103.65 m @ 1.00 g/t Au and 0.55% Cu (from 9.15 m to 112.80 m)
  • Hole J-2: 107.01 m @ 0.80 g/t Au and 0.45% Cu (from 6.10 m to 113.11 m)
  • Hole J-8: 112.20 m @ 0.41 g/t Au and 0.33% Cu (from 11.89 m to 124.09 m)
    (Kruchkowski, E., 2010, BC Assessment Report #31807)

Interpretation

  • Long, continuous, near-surface copper-gold intervals
  • Mineralization remains open at depth
  • Geological indicators suggest the system extends laterally beyond the drilled area
  • Vectoring from 2010 drilling trends northeast toward a concealed porphyry center
  • No systematic follow-up drilling has been completed in 15 years

Copper Quest believes these results represent a strong opportunity for discovery within a larger, buried hydrothermal system.

2010 Drilling – Collar Location Data:

Hole ID Easting Northing Elevation Depth (m) Dip Azimuth
J-7 517657.0 6001864.5 366 167.38 -50 070
J-1 517662.0 6001843.0 359 192.07 -45 045
J-2 517662.0 6001843.0 359 304.88 -50 045
J-8 517657.0 6001864.5 366 295.43 -60 070
Coordinates given in NAD83, UTM Zone 9N. Data from Kruchkowski, E., 2010, BC Assessment Report #31807.

MANAGEMENT COMMENTS

Brian Thurston, CEO of Copper Quest

‘The Kitimat Project hosts excellent, historic mineralized intervals interpreted to represent a buried porphyry system. The long, near-surface copper-gold intercepts drilled in 2010 remain open and were never systematically followed up. ExploreTech’s AI platform will allow us to integrate decades of fragmented datasets and directly target the buried porphyry center that the geological evidence strongly supports.’

Alex Miltenberger, CEO of ExploreTech

‘Our generative AI technology evaluates thousands of geological and geophysical scenarios to identify the most probable mineralized centers. We look forward to supporting Copper Quest in unlocking the full potential of their portfolio of projects starting with the Kitimat Copper-Gold project.’

NEXT STEPS

  1. Deliver all historical datasets to ExploreTech
  2. Begin AI-driven modeling and geophysical inversion
  3. Integrate 2025 soil and rock geochemical results
  4. Receive probability-ranked target clusters and drillhole trajectories
  5. Finalize the 2025–2026 exploration and drilling program
  6. Assess applying ExploreTech’s technology to additional Copper Quest properties

NON-BROKERED FULLY-SUBSCRIBED FINANCING

Copper Quest is pleased to announce that the Company has arranged a non-brokered private placement financing of 10,142,104 common shares of the Company to be issued on a flow-through basis (the ‘ Flow-Through Shares ‘) at a price of $0.19 per Flow-Through Share for aggregate gross proceeds of $1,927,000 (the ‘ Flow-Through Offering ‘).

The Flow-Through Offering is fully subscribed and finder’s fees will be applicable.

Each Flow-Through Share will be designated as either a ‘flow-through share’ or ‘critical mineral flow-through share’, as applicable, within the meanings of the Income Tax Act (Canada). The gross proceeds from the issuance of the Flow-Through Shares will be used to incur ‘Canadian exploration expenses’ that qualify as ‘flow-through mining expenditures’ or ‘flow-through critical mineral mining expenditures’, as applicable, as such terms are defined in the Income Tax Act (Canada), which will be renounced to subscribers with an effective date no later than December 31, 2026, all in accordance with the Income Tax Act ( Canada ) and applicable provincial legislation.

All securities to issued in connection with the Flow-Through Offering will be subject to a statutory hold period of four months from the date of issuance in accordance with applicable Canadian securities legislation. Closing of the Flow-Through Offering is anticipated to occur within a week from the date hereof and is subject to the receipt of all requisite approvals, including the acceptance of the Canadian Securities Exchange.

An insider of the Company will be participating in the Offering. The issuance of Flow-Through Shares to an insider will constitute a ‘related party transaction’ as defined in Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (‘ MI 61-101 ‘). The Company will be relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities to be purchased by the insider, nor the consideration for the securities to be paid by such insider, will exceed 25% of the Company market capitalization. The Company will not file a material change report in respect of the related party transaction at least 21 days before the closing of the Flow-Through Offering, which the Company deems to be reasonable in order to complete the Offering in a timely manner.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any state securities laws, and may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to available exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States.

ABOUT EXPLORETECH

ExploreTech is a geological technology company specializing in AI-driven geological modeling, geophysical inversion, and drill-target optimization. Its platform is designed to rapidly identify concealed intrusive centers and mineralized systems with improved accuracy and efficiency.

COPPER: GLOBAL DEMAND & SUPPLY

Globally, copper demand continues to surge, driven by electrification, electric vehicles, renewable energy, and the massive expansion of AI and data center infrastructure. Yet supply remains constrained, with declining grades at existing mines, limited new discoveries, and prolonged permitting timelines. The resulting supply-demand imbalance underscores the importance of advancing new porphyry discoveries in stable jurisdictions like the U.S. and Canada. Copper Quest is aligned with this macro trend, positioning its North American portfolio of projects to become part of the next generation of copper and critical mineral discoveries.

QUALIFIED PERSON STATEMENT

The scientific and technical information in this news release has been reviewed and approved by Jeremy Hanson, P.Geo., a Qualified Person as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects (‘ NI 43-101 ‘). Mr. Hanson is independent of Copper Quest Exploration Inc. for the purposes of NI 43-101 and has verified the data disclosed in this news release, including sampling methods, geological descriptions, and historical exploration information.

ABOUT Copper Quest Exploration Inc.

Copper Quest (CSE: CQX,OTC:IMIMF; OTCQB: IMIMF; FRA: 3MX) is focused on building shareholder value through project acquisition, and exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises five projects that span over 40,000+ hectares in great mining jurisdictions as well as the Kitimat Cu-Au Project and the past-producing Alpine Gold Mine that are both pending acquisition following due diligence.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389 hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700 hectare porphyry copper-molybdenum Rip Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at www.copper.quest.

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:

Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, statements regarding the terms and completion of the Flow-Through Offering, the payment of finder’s fees and issuance of Finder’s Warrants, the anticipated closing date and the planned use of proceeds of the Flow-Through Offering, and future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to obtain regulatory approval of the Flow-Through Offering, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

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